Ron Paul asks Ben Bernanke if he is prepared to admit that his policies are wrong and what it would take. He says “if, in the next 5 years we still have a bad economy with inflation and high unemployment.
Ron Paul asks Ben Bernanke if he is prepared to admit that his policies are wrong and what it would take. He says “if, in the next 5 years we still have a bad economy with inflation and high unemployment [will you then admit you are wrong]” and Bernanke says “I will have to concede the point [if that happens]”
5:31
House Financial Services Committee, February 25, 2009
Hat tip Housing Crisis
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